California § 29142.5. 29142.5. (Repealed and added by Stats. 1984, Ch. 115, Sec. 3.)

California Statutes

§ 29142.5. — 29142.5. (Repealed and added by Stats. 1984, Ch. 115, Sec. 3.)

California·Code PUC Public Utilities Code - PUC·Div. 10. DIVISION 10. TRANSIT DISTRICTS·Part 2. PART 2. SAN FRANCISCO BAY AREA RAPID TRANSIT DISTRICT·Ch. 7. CHAPTER 7. Taxation·Art. 2. ARTICLE 2. Retail Transactions and Use Tax

On and after July 1, 1984, for purposes of meeting the requirement of subdivision (b) of Section 29142.4, the Metropolitan Transportation Commission may consider, as fare revenues, that portion of the local support of an operator for its transit system which exceeds its base level of operating support as determined by the commission, if the commission finds that this consideration will enable the operator to maintain or improve vital transit within a coordinated fare structure.

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On and after July 1, 1984, for purposes of meeting the requirement of subdivision (b) of Section 29142.4, the Metropolitan Transportation Commission may consider, as fare revenues, that portion of the local support of an operator for its transit system which exceeds its base level of operating support as determined by the commission, if the commission finds that this consideration will enable the operator to maintain or improve vital transit within a coordinated fare structure.

California § 29142.5. (29142.5. (Repealed and added by Stats. 1984, Ch. 115, Sec. 3.)) — published by Counsel Stack Legal Research, free access to 12M+ legal documents.